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A publication of the Office of the State Treasurer • Treasurer Ken Miller, Ph.D.
Economic Report TM
Oklahoma
News and analysis of Oklahoma’s economy
Inside
• Commentary by Oklahoma
Transportation Secretary Gary
Ridley
• September Gross Receipts to
the Treasury climb by highest
percentage in 17 months
• Gross Receipts and General
Revenue Compared
• Oklahoma unemployment
holds steady in September
Contributor
Regina Birchum, Deputy
Treasurer for Policy
Editor
Tim Allen, Deputy Treasurer for
Communications
State Capitol Building, Room 217 • Oklahoma City, OK 73105 • (405) 521-3191 • www.treasurer.ok.gov
Volume 4, Issue 10 • October 31, 2014
SEE TRANSPORTATION PAGE 3
Transportation systems are a critical
component of every economy, provide
a major social function of the Gross
Domestic Product (GDP) and are
primary factors in quality of life.
Likewise, Oklahoma’s investments in
transportation support and contribute
to the state economy by improving and
maintaining a critical infrastructure.
Regardless of how digitally connected
and productive America is today and
will become in the future, states,
communities and major centers of
commerce cannot exist in physical
isolation. Rather, a symbiotic and
personally interactive travel, supply
chain and trade relationship with
each other and with other countries is
necessary to remain productive and
economically viable.
A strong, well-maintained and efficient
local, state and national transportation
network is the only publicly-accessible
infrastructure that can facilitate this
relationship. Transportation-based inputs
contribute nine percent to the Gross
Domestic Product, according to the
Bureau of Transportation Statistics.
Good access to local and global
markets allows businesses to lower
transportation costs, which, in turn,
lowers production costs and costs to
consumers. Travel supports the efficient
conduct of commerce and stimulates the
new ideas and the “business to business”
and “business to consumer” interactions
required for our economy to grow and
prosper. American businesses must have
the infrastructure needed to secure every
competitive advantage in the global
marketplace and to insure the long-term
sustainability of the nation.
Adam Smith, considered the father of
capitalism, believed that government
had an important role to play by
Driving Oklahoma
Structurally Deficient Bridges in Oklahoma
Based on year of inspection. Source: Oklahoma Department of Transportation
0
250
500
750
1,000
1,250
01 02 03 04 05 06 07 08 09 10 11 12 13
1,168
468
Program Year
Number of Bridges

A publication of the Office of the State Treasurer • Treasurer Ken Miller, Ph.D.
Economic Report TM
Oklahoma
News and analysis of Oklahoma’s economy
Inside
• Commentary by Oklahoma
Transportation Secretary Gary
Ridley
• September Gross Receipts to
the Treasury climb by highest
percentage in 17 months
• Gross Receipts and General
Revenue Compared
• Oklahoma unemployment
holds steady in September
Contributor
Regina Birchum, Deputy
Treasurer for Policy
Editor
Tim Allen, Deputy Treasurer for
Communications
State Capitol Building, Room 217 • Oklahoma City, OK 73105 • (405) 521-3191 • www.treasurer.ok.gov
Volume 4, Issue 10 • October 31, 2014
SEE TRANSPORTATION PAGE 3
Transportation systems are a critical
component of every economy, provide
a major social function of the Gross
Domestic Product (GDP) and are
primary factors in quality of life.
Likewise, Oklahoma’s investments in
transportation support and contribute
to the state economy by improving and
maintaining a critical infrastructure.
Regardless of how digitally connected
and productive America is today and
will become in the future, states,
communities and major centers of
commerce cannot exist in physical
isolation. Rather, a symbiotic and
personally interactive travel, supply
chain and trade relationship with
each other and with other countries is
necessary to remain productive and
economically viable.
A strong, well-maintained and efficient
local, state and national transportation
network is the only publicly-accessible
infrastructure that can facilitate this
relationship. Transportation-based inputs
contribute nine percent to the Gross
Domestic Product, according to the
Bureau of Transportation Statistics.
Good access to local and global
markets allows businesses to lower
transportation costs, which, in turn,
lowers production costs and costs to
consumers. Travel supports the efficient
conduct of commerce and stimulates the
new ideas and the “business to business”
and “business to consumer” interactions
required for our economy to grow and
prosper. American businesses must have
the infrastructure needed to secure every
competitive advantage in the global
marketplace and to insure the long-term
sustainability of the nation.
Adam Smith, considered the father of
capitalism, believed that government
had an important role to play by
Driving Oklahoma
Structurally Deficient Bridges in Oklahoma
Based on year of inspection. Source: Oklahoma Department of Transportation
0
250
500
750
1,000
1,250
01 02 03 04 05 06 07 08 09 10 11 12 13
1,168
468
Program Year
Number of Bridges